Le Shi changes name

Shenzhen-listed Le Shi Internet Information & Technology Corp has changed its name to New Le Shi Internet Information & Technology Corp, the company said in a statement on Wednesday.

The change - which has been rumored since Sun Hongbin, chairman of Sunac China, took over as chairman from Le Shi's founder Jia Yueting in July -has come true, domestic news site 21jingji.com reported on Wednesday.

The listed company hopes to disassociate itself from the unlisted units of LeEco, the Chinese technology conglomerate, said the report.